
Steel and Aluminum
Alcan
3 pictures · 1968–1981
- Founded
- 1902 (Northern Aluminum Company Limited, Shawinigan)
- Head office then
- 1 Place Ville Marie, Montreal, Quebec
Alcan began in 1902 at Shawinigan as Alcoa’s Canadian subsidiary, became the Aluminum Company of Canada in 1925, and was separated from Alcoa in 1928. It smelted aluminum on Quebec hydro, later at Kitimat, B.C., and made fabricated products. Head office in the report years was Place Ville Marie, Montreal.
Cheap hydro made Quebec and Kitimat logical smelting sites. In the Second World War the Canadian plants held most of the Empire’s aluminum capacity.
Why it mattered
Cheap hydro made Quebec and later Kitimat logical smelting sites. In the Second World War the Canadian operations held most of the British Empire's aluminum capacity and expanded under Allied demand. Montreal was the headquarters of a globally integrated Canadian aluminum company.
Now
Rio Tinto bought Alcan in 2007. Rio Tinto still runs smelters in the Saguenay and at Kitimat. The Alcan product-group name was dropped in 2015.
Still open
- TCE gives the 2007 price as $38 billion; the joint offer release stated approximately US$38.1 billion equity value. Formal 100% close is 14–15 November 2007 vs. 25 October combination announcement.



Sources
The pictures
- Alcan 1968 — annual reportarchive.org/details/Alca0083_1968
- Alcan 1972 — annual reportarchive.org/details/Alca0083_1972
- Alcan 1981 — annual reportarchive.org/details/Alca0083_1981
References
- The Canadian Encyclopedia: Alcan Incorporatedfounding 1902; 1925/1928/1966 names; Montreal HQ; Rio Tinto 2007; Alcan name dropped 2015; remaining smelters
- Rio Tinto makes a recommended all cash offer for Alcan (SEC exhibit, 12 July 2007)fate: US$101/share; ~US$38.1 billion; Rio Tinto Alcan HQ Montréal
- Alcan joins Rio Tinto to create global aluminium leader (SEC exhibit, 25 Oct 2007)fate: Alcan joined Rio Tinto 25 Oct 2007 as Rio Tinto Alcan
- Rio Tinto Completes Acquisition of 100% of Alcan (SEC exhibit, 14 Nov 2007)fate: compulsory acquisition; TSX delist 15 Nov 2007
- Rio Tinto to buy Alcan for $38 bln, Alcoa bows out (Reuters)second independent source for 2007 recommended deal vs Alcoa